Is Oil Low Price Going to Sustain the Economic Recovery?
... price is not sufficient to shake the economy at global level and induce growth again, barring some exceptions, most notably the U.S.A. “The revisions reflect a reassessment of prospects in China, Russia, the euro area, and Japan as well as weaker activity ... ... may yield better returns in the long term. Some others would instead benefit, but deliberately chose not do so, most notably Saudi Arabia. Countries belonging to this group may be employing this strategy to gain a competitive advantage over a broader ...